Tech Company Financing Transactions
Safi Biotherapeutics Funding Round
Safi Biotherapeutics, based in Cambridge, secured $5 million in investment from J2 Ventures and private investors.
Transaction Overview
Company Name
Announced On
9/12/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
J2 Ventures (Lead Investor)
Proceeds Purpose
The funds will catalyze the manufacturing scale-up, non-clinical studies, and US FDA regulatory activities required to initiate clinical trials for mRBCs at a multi-unit transfusion scale.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
One Broadway, 14th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
As the cell therapy commercialization partner of a 5-year Department of Defense program to manufacture on-demand blood products, Safi Biotherapeutics and its collaborators are working to 'crack the code' of Cell Therapy 2.0 challenges of manufacturing at appropriate scale, high consistency of product, and economically viable cost of goods by integrating world-leading expertise in blood stem cell expansion, bioprocessing optimization, manufacturing scale-up and cryostorage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Jon Mogford
Chief Executive Officer
Doug McConnell
Chief Operating Officer
Kyle Meetze
Co-Founder
Michael Mansour
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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